Most individuals and families feel they need to save money. While the need to save may be unrelated to the need for life insurance protection, many people have chosen to save by using life insurance. Visit our website at: For such people, a cash value life insurance policy is not only an instrument of financial protection against premature death but also a financial asset that can be borrowed against or surrendered for cash when needed. Moreover, at retirement, it can be converted into an income stream that provides a lifetime guaranteed income, depending on the settlement option chosen, or one that is entirely tax free. Cash value in life insurance policies is routinely used to provide income, so it is not surprising that life insurance can play a role in retirement planning . An advantage of using life insurance to produce retirement income is that earnings in a policy’s cash value are tax-deferred until withdrawn; however, by using a strategy of withdrawing funds fr
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)